Rama Steel Tubes Q2 FY27 Results: Consolidated Revenue Falls 22.2% To ₹249.16 Crore, Net Profit Rises To ₹19.10 Crore

Rama Steel Tubes Limited reported consolidated revenue from operations of ₹249.16 crore in Q2 FY27, compared with ₹320.45 crore in the corresponding quarter last year, marking a decline of 22.2%.

Consolidated net profit increased to ₹19.10 crore from ₹1.01 crore in Q2 FY26. The profit comparison includes a substantial gain from the sale of the company's Sahibabad industrial unit, which was recognised under other income.

The Rama Steel Tubes share price closed at ₹4.12 on 13 November, down 1.2% on the National Stock Exchange (NSE).

Rama Steel Tubes Q2 Results Snapshot

Consolidated total income stood at ₹275.98 crore in Q2 FY27, compared with ₹322.55 crore in the year-ago quarter. Other income contributed ₹26.82 crore.

Profit before tax (PBT) was ₹23 crore, against ₹2.38 crore in Q2 FY26. The company reported a tax expense of ₹3.91 crore during the quarter, compared with ₹1.37 crore a year earlier. The results also included a share of loss from associates and joint ventures of ₹0.0033 crore.

Rama Steel Tubes H1 FY27 Highlights

For the six months ended 30 September 2026, consolidated revenue from operations declined to ₹472.49 crore from ₹588.58 crore in H1 FY26. Total income stood at ₹500.35 crore, compared with ₹600.75 crore in the corresponding period last year.

Consolidated PBT increased to ₹26.81 crore from ₹9.57 crore, while net profit rose to ₹24.54 crore from ₹6.02 crore. The property-sale gain of ₹25.45 crore was also recognised in the half-year results and forms an important part of this comparison.

What Is Rama Steel Tubes Planning Through Its UAE Subsidiary?

Rama Steel Tubes plans to make a further investment in its wholly owned UAE subsidiary, RST International Trading FZE, to support the subsidiary's acquisition of shareholding in Automech Group Holding Limited. The proposed transaction involves the purchase of 66,000 shares for a cash consideration of AED 66 million. Completion is expected within four to six months, subject to compliance with the Foreign Exchange Management Act (FEMA) and receipt of the required regulatory approvals.

Automech is engaged in trading basic steel and non-ferrous metal products, construction materials, reinforcement bars, pipes and fittings, industrial equipment and related products.

The board has also approved a corporate guarantee in favour of National Bank of Fujairah for a credit facility extended to RST International Trading FZE. The filing states that promoter Richi Bansal will provide a personal guarantee of AED 130 million in connection with the facility.

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